Whales might’ve caused Ethereum’s (ETH) 50% dive on Kraken, says CEO

Ethereum

By DoingCoin – Crypto Community

On Monday, the price of Ethereum (ETH) briefly dropped by over 50%—from around $1,600 to $700—on crypto exchange Kraken, prompting numerous debates on whether this was some kind of technical malfunction. However, the dip wasn’t an error and could have been caused by a whale trader, the platform’s CEO Jesse Powell told Bloomberg today. “We’re […]

The post Whales might’ve caused Ethereum’s (ETH) 50% dive on Kraken, says CEO appeared first on DoingCoin.

Whales might’ve caused Ethereum’s (ETH) 50% dive on Kraken, says CEO

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